Quick charity verification for Art Center Of The Bluegrass Inc (EIN: 161674338)
Verdict: Art Center Of The Bluegrass Inc appears trustworthy
90/100Mission Score
$670KRevenue
$1.3MAssets
1Red Flags
4Strengths
Red Flags
Significant increase in liabilities in 202306 to $308,000, requiring further clarification.
Strengths
Consistent 0% officer compensation across all filings, indicating strong financial transparency and mission focus.
Strong revenue growth from $418,887 in 202206 to $776,688 in 202306.
Healthy asset growth from $1,251,150 in 202206 to $1,773,806 in 202306.
Generally positive net income in most recent periods, indicating financial stability.
Spending Breakdown
How Art Center Of The Bluegrass Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Art Center Of The Bluegrass Inc
Is Art Center Of The Bluegrass Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Art Center Of The Bluegrass Inc (EIN: 161674338) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Art Center Of The Bluegrass Inc a good charity to donate to?
Art Center Of The Bluegrass Inc has a Mission Score of 90/100. Revenue: $670K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Art Center Of The Bluegrass Inc?
The Employer Identification Number (EIN) for Art Center Of The Bluegrass Inc is 161674338. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Art Center Of The Bluegrass Inc spend its money?
Art Center Of The Bluegrass Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Art Center Of The Bluegrass Inc's tax-exempt status?
You can verify Art Center Of The Bluegrass Inc's tax-exempt status using EIN 161674338 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Art Center Of The Bluegrass Inc demonstrates generally sound financial health, with a notable increase in assets and revenue in its latest filing period (202306). Revenue grew from $418,887 in 202206 to $776,688 in 202306, while assets increased from $1,251,150 to $1,773,806 over the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on directing funds towards its mission rather than executive salaries. While specific program spending percentages are not provided in the raw data, the absence of officer compensation suggests a commitment to efficient resource allocation. The organization's liabilities have fluctuated, with a significant increase to $308,000 in 202306, which warrants further investigation to understand its nature and impact on long-term financial stability. Overall, the financial trends suggest growth and responsible management, particularly concerning executive compensation.